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Young climate activist tells Greenpeace to drop ‘old-fashioned’ anti-nuclear stance (www.theguardian.com)
submitted 3 years ago by to c/world@lemmy.world
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[–] 1 point 3 years ago (3 children)

Nuclear plants are immensely profitable, just not on time scales politicians are interested in. You're deep in the red for 10-20 years and then after that it prints money

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  • [–] 2 points 3 years ago (2 children)

    So after 10-20 years of construction and cost overruns and 10-20 years of operating at a loss you start making money.

    And that's assuming electricity rates don't drop in that time. Which they are as renewables get deployed more and more because they don't go 100% over budget in time and money.

    If we get started building nuclear power plants now, how much will storage and transmission tech improve before they're even completed, let alone profitable?

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  • [–] 2 points 3 years ago (1 child)

    It's not 10-20 years of construction AND 10-20 years at a loss, it's 10-20 years of construction at a loss. Not great, but up to 40 years as you suggest sounds a lot worse because it's a misrepresentation.

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